Float Financial gives Canadian businesses corporate cards, expense management and high-yield accounts with no personal guarantee. See 2026 pricing.
Float Financial is a Toronto-based fintech company that provides Canadian businesses with corporate credit cards, a high-yield business account, expense management, bill pay and AI-assisted transaction coding in one platform. Founded in 2019 by Rob Khazzam, Ruslan Nikolaev and Griffin Keglevich, Float was built around the idea that Canadian financial institutions were not designed for the pace and transparency modern businesses need.
Unlike many traditional bank corporate card programs, Float does not require a personal guarantee or personal credit check to open an account, and instead ties available credit to the cash balance held in a business's connected Float account. This makes it accessible to startups and growing companies that might otherwise struggle to qualify for a large-limit business credit line.
Float issues unlimited physical and virtual CAD and USD corporate cards with custom, admin-configurable spending controls, alongside a CDIC-insured business account that can earn up to 3.5 percent interest with no monthly fees. The mobile app captures receipts automatically and matches them to transactions, while Float Intelligence, the platform's AI transaction coding agent, assigns general ledger and tax codes to reduce manual bookkeeping.
The platform also supports bill payments and accounts payable with fee-free EFT, ACH and wire transfers, fast employee reimbursements paid directly in CAD, foreign exchange conversion at rates below typical bank markups, and direct accounting integrations with QuickBooks, Xero and NetSuite, plus custom exports and API access for bespoke workflows.
Float offers a permanently free Essentials plan covering up to 20 physical cards, unlimited virtual cards, the interest-bearing account, fee-free payments and core accounting sync. The Professional plan costs 10 dollars CAD per user per month, with active-user pricing starting at 100 dollars per month for the first 10 users, and adds advanced controls, multi-level approvals, NetSuite integration, the Float Intelligence coding agent and USD direct payouts.
An Enterprise plan is available with custom, contact-sales pricing for companies that need custom implementation and data migration, dedicated onboarding, a dedicated Customer Success Manager, and custom credit terms with dedicated underwriting.
Float Financial is a Canadian fintech platform that provides corporate credit cards, a high-yield business account, expense management, bill pay and AI-assisted transaction coding for businesses incorporated in Canada.
Yes, Float's Essentials plan is permanently free and includes up to 20 physical cards, unlimited virtual cards, the interest-bearing account and core expense features. Paid Professional and Enterprise tiers add advanced controls and integrations.
No, Float does not require a personal guarantee or a personal credit check to open an account. Credit limits are instead tied to the cash balance held in the connected Float account.
Float integrates directly with QuickBooks, Xero and NetSuite, and also supports custom exports and API access for businesses with bespoke accounting workflows.
No, Float is built specifically for businesses incorporated in Canada and is registered as a money services business with FINTRAC; it is not available to companies outside Canada.
Float Intelligence, Float's AI transaction coding agent, automatically assigns general ledger and tax codes to card transactions, which the company states achieves over 95% precision and reduces manual bookkeeping effort.